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Cable Update (GBPUSD)

  • #278,721
  • May 9, 2011 4:13pm May 9, 2011 4:13pm
Quoting sphinx8
based on what did you decide?
4hr chart using fibs low price 1.5970 high price 1.6745. Price bounced on the 61.8 going up.
  • #278,722
  • May 9, 2011 4:17pm May 9, 2011 4:17pm
Quoting deryworlds
I see no Change and probably Bears will come....
Limit My Sold Between 6444-6497 for the week...
Just To remind U Guy's
  • #278,723
  • May 9, 2011 4:27pm May 9, 2011 4:27pm
Guy's What will You expected ?!
we see cable move from the bottom 6270 - 6420 Now is around 150 Pip One way.....
you think this Asia time she's going more still without retracing back 60-70 pips down first after 6420 ?

I'm just asking
  • #278,724
  • May 9, 2011 4:34pm May 9, 2011 4:34pm
@derywords: i think 6360 can be possible, but 6340 looks too far. any way, nothing impossible

i closed half position @BE reason: here is late night, i need to sleep
see you all
good luck
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  • #278,725
  • May 9, 2011 4:36pm May 9, 2011 4:36pm
I think downside will be limited for now....Upside more to my liking right now.
  • #278,726
  • May 9, 2011 4:36pm May 9, 2011 4:36pm
Quoting deryworlds
Guy's What will You expected ?!
we see cable move from the bottom 6270 - 6420 Now is around 150 Pip One way.....
you think this Asia time she's going more still without retracing back 60-70 pips down first after 6420 ?

I'm just asking
yes a straight up is possible, as it broke houlrly trendline.
i think 6428 come easy from here
then i hope will go above it near london opening.

lets see
90% of traders use TA, indicators and prediction
  • #278,727
  • May 9, 2011 6:38pm May 9, 2011 6:38pm
Quoting _BBKing_
yes a straight up is possible, as it broke houlrly trendline.
i think 6428 come easy from here
then i hope will go above it near london opening.

lets see
I expect GU to be retracement and it will continue the bearish trend until US session
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  • #278,728
  • May 9, 2011 9:15pm May 9, 2011 9:15pm
Good day guys, I expect to see some down movement / rectangles before buying train ticket (to north / south). It almost break my H4 trendline but my resistance still holds.
  • #278,729
  • May 9, 2011 10:08pm May 9, 2011 10:08pm
It was observed that GBPUSD market run in the flag/channels, need to break the above trendline to continue kiss 1.659!!!
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 25 KB
  • #278,730
  • May 9, 2011 11:53pm May 9, 2011 11:53pm
Okay, now It holds 6361 at bay. I expect to go LONG if it fails to break that level and proceed to break trend line. Otherwise, go SHORT if it goes lower than 6361 with some more confirmation. NY session has many land mines of news so I want to avoid those moments. Aside from that, we have quite many opportunities today. Good luck guys !!
  • #278,731
  • May 10, 2011 12:09am May 10, 2011 12:09am
good morning evening
i picked long 6372
still waitin for 6425 n 6445
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  • #278,732
  • May 10, 2011 12:11am May 10, 2011 12:11am
Quoting _BBKing_
good morning evening
i picked long 6372
still waitin for 6425 n 6445

closed @BE
90% of traders use TA, indicators and prediction
  • #278,733
  • May 10, 2011 12:13am May 10, 2011 12:13am
Quoting deryworlds
Sure King... You will see around next 10-12 hrs from now anyway Asia Session cant made Cable To strong carefull for your buy and please refer to our daily chart again...
Projection New Buying at 6325-6335..... after reporting morning 1.6425-35 price should Still down and Ranging..
It Ranging happen King...
  • #278,734
  • May 10, 2011 12:23am May 10, 2011 12:23am
Quoting primzvicious
well 60ish pips so far not a bad start isnt it
reload
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 21 KB
Verily, in every difficulties there is relief
  • #278,735
  • May 10, 2011 12:34am May 10, 2011 12:34am
uhm....
ok i woke up too late did not see this
Attached Image (click to enlarge)
Click to Enlarge Name: gusdh4.gif Size: 26 KB
90% of traders use TA, indicators and prediction
  • #278,736
  • May 10, 2011 12:39am May 10, 2011 12:39am
ahhh, getting slapped to my face now....

got long and short open 1.635 1.64 both made money at some point but was not enough to TP...... now both caught with lost........ well, she has to brake one way or the other one day
  • #278,737
  • May 10, 2011 12:42am May 10, 2011 12:42am
Quoting primzvicious
reload
closed +20
Verily, in every difficulties there is relief
  • #278,738
  • May 10, 2011 12:47am May 10, 2011 12:47am
Quoting deryworlds
It Ranging happen King...
good job!
90% of traders use TA, indicators and prediction
  • #278,739
  • May 10, 2011 12:48am May 10, 2011 12:48am
Quoting primzvicious
closed +20
damn too early
Verily, in every difficulties there is relief
  • #278,740
  • May 10, 2011 12:52am May 10, 2011 12:52am
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